[Kip Russell]

I fully expect the United States to adopt some form of Euro-socialism in the next 50 years. We're already partway there...but by 2050 our top marginal tax rate will likely be in the 50-75 percent range.

Can we survive such an economic system? Sure...depending on your value of "survive". While Europe certainly sees its share of economic crises, it's not as if they've seen their economies utterly collapse in the last 50 years. However, things that occur regularly in such countries such as crippling public sector strikes and massive redistribution of income are, I'm afraid, not too far in America's future.

[Alas Babylon!]

yeah, and by then, the only real capitalist country will be communist China!